00:01
Here we need to determine the share of us's workers whose wages negotiated by union bargaining as compared to the share of national income of workers in other high income countries.
00:14
So answer to this problem is yes, compared with the share of, compared with the share of national income earned by workers in high income countries, the share of us workers whose wages are determined by union is lower.
00:29
So here is a table for the labor shares of national income in selected countries, which is uk is 62 .3%, japan 59 .6%, france is 59 %, germany is 57 .9%.
00:47
United states is 56 .4%, canada is 56%, delhi 55 and australia is 54 .8%.
00:58
So this shows the work.
01:02
Shares in national income country wise and the hourly rates they receive on average of manufacturing sector from different countries.
01:12
In the in case of unionized workers in usa, now about 11 % of the total, total work workforce, the union negotiate, negotiate wages of their behalf, on their behalf.
01:29
Sometimes it's so happens that union strikes a bargain for more security...